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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2020
Commitments and Contingencies [Abstract]  
Schedule of Planned Capital Expenditures
At March 31, 2020, estimated capital expenditures for the remainder of 2020 through 2024 for which applicable internal approvals (and also, if required, regulatory approvals such as FPSC approvals for FPL and Gulf Power) have been received were as follows:
 
Remainder of 2020
 
2021
 
2022
 
2023
 
2024
 
Total
 
(millions)
FPL:
 
 
 
 
 
 
 
 
 
 
 
Generation:(a)
 
 
 
 
 
 
 
 
 
 
 
New(b)
$
980

 
$
885

 
$
550

 
$
490

 
$
710

 
$
3,615

Existing
750

 
950

 
1,075

 
1,155

 
885

 
4,815

Transmission and distribution(c)
2,450

 
4,040

 
4,110

 
4,450

 
4,450

 
19,500

Nuclear fuel
135

 
220

 
165

 
120

 
145

 
785

General and other
560

 
500

 
440

 
415

 
420

 
2,335

Total
$
4,875

 
$
6,595

 
$
6,340

 
$
6,630

 
$
6,610

 
$
31,050

Gulf Power
$
620

 
$
810

 
$
645

 
$
650

 
$
680

 
$
3,405

NEER:
 

 
 

 
 

 
 

 
 

 
 

Wind(d)
$
2,580

 
$
180

 
$
10

 
$
10

 
$
10

 
$
2,790

Solar(e)
855

 
485

 

 
5

 

 
1,345

Battery storage
85

 
455

 

 

 

 
540

Nuclear, including nuclear fuel
95

 
210

 
165

 
120

 
180

 
770

Natural gas pipelines(f)
525

 
280

 
25

 

 

 
830

Rate-regulated transmission
235

 
140

 
30

 
10

 
15

 
430

Other
550

 
55

 
65

 
50

 
60

 
780

Total
$
4,925

 
$
1,805

 
$
295

 
$
195

 
$
265

 
$
7,485

———————————————
(a)
Includes AFUDC of approximately $25 million, $70 million, $40 million, $20 million and $30 million for the remainder of 2020 through 2024, respectively.
(b)
Includes land, generation structures, transmission interconnection and integration and licensing.
(c)
Includes AFUDC of approximately $30 million, $55 million, $55 million, $40 million and $35 million for the remainder of 2020 through 2024, respectively.
(d)
Consists of capital expenditures for new wind projects, repowering of existing wind projects and related transmission totaling approximately 4,215 MW.
(e)
Includes capital expenditures for new solar projects and related transmission totaling approximately 1,580 MW.
(f)
Construction of two natural gas pipelines are subject to certain conditions, including applicable regulatory approvals. In addition, completion of another natural gas pipeline is subject to final permitting.

Required capacity and/or minimum payments under contracts
The required capacity and/or minimum payments under contracts, including those discussed above, at March 31, 2020 were estimated as follows:
 
Remainder of 2020
 
2021
 
2022
 
2023
 
2024
 
Thereafter
 
(millions)
FPL(a)
$
800

 
$
1,010

 
$
990

 
$
975

 
$
970

 
$
11,350

NEER(b)(c)(d)
$
3,170

 
$
585

 
$
260

 
$
180

 
$
185

 
$
1,395

———————————————
(a)
Includes approximately $305 million, $415 million, $415 million, $410 million, $410 million and $6,765 million for the remainder of 2020 through 2024 and thereafter, respectively, of firm commitments related to the natural gas transportation agreements with Sabal Trail and Florida Southeast Connection. The charges associated with these agreements are recoverable through the fuel clause and totaled approximately $79 million and $79 million for the three months ended March 31, 2020 and 2019, respectively, of which $27 million and $28 million, respectively, were eliminated in consolidation at NEE.
(b)
Includes approximately $70 million, $70 million, $70 million, $70 million and $1,110 million for 2021 through 2024 and thereafter, respectively, of firm commitments related to a natural gas transportation agreement with a joint venture, in which NEER has a 31% equity investment, that is constructing a natural gas pipeline. These firm commitments are subject to the completion of construction of the pipeline, which is expected in 2020.
(c)
Includes approximately $110 million of commitments to invest in technology investments through 2029.
(d)
Includes approximately $230 million, $20 million, $20 million, $20 million, $10 million and $15 million for the remainder of 2020 through 2024 and thereafter, respectively, of joint obligations of NEECH and NEER.